Today we will analyze the stock KAIMEI ELECTRONIC TWD10 (5317.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in KAIMEI ELECTRONIC TWD10 (5317.TWO)
1- Last bullish trend was from 9.94 $ (1/9/2014) to 10.80 $ (1/24/2014) a 0.86 $ move 2- The current bearish trend started from 10.80 $ at 1/24/2014 and is currently trading at 10.15 $.
3- 5317.TWO current support level is at 9.94 which is the 100.00 % fibonacci retracement of the last 0.86 $ move.
4- 5317.TWO current resistance level is at 10.27 which is the 61.80 % fibonacci retracement of the last 0.86 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
KAIMEI ELECTRONIC TWD10 (5317.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 9.940 and 8.900,resistance between 10.800 and 10.400 which was broken down at 10.300 in higher than usual volume.
KAIMEI ELECTRONIC TWD10 (5317.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.050 and 7.370, and is currently supporting at 9.421.
KAIMEI ELECTRONIC TWD10 (5317.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 7.370 and 5.170,resistance between 8.280 and 5.850, the stock channel is currently supported from below by 9.093 and resisted from above by 10.214.

Stock Trading Conclusion:
KAIMEI ELECTRONIC TWD10 (5317.TWO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 10.27, 10.30, 10.37, 10.40, 10.47, 10.48, 10.55, 10.60, 10.80, 11.22.
Stock Support levels : 9.94, 9.71, 9.42,.